Have you been reading reviews about online gambling sites, but you’re still not sure where to start playing?
When a player wagers online, they are after the thrill, but the win as well. That’s why they want to find the best online casinos that payout real money at a high percentage.
Best Casino Sites that Payout Real Money
Essentially, they want to know what the RTP (return to player) percentage is. The best online casino payouts are way above 90%. This means that out of all the money accumulated to bets, the highest paying casino delivers over 90% in winnings.
Let’s discuss this matter in detail, shall we?
What Does the Percentage Payout Mean?
The RTP is a theoretical average percentage payout, which shouldn’t be taken literally. If you play through $100 today, it doesn’t mean you’ll get $90+ back. That wouldn’t make sense because you’d never actually win. It means that out of all the money the casino makes over a certain period. The biggest percentage is distributed among players. Some Canadian players get nothing or win small amounts. But others win massive amounts of money on the highest paying slots. We’re talking about thousands or even millions of dollars.
Online gamblers mostly look at the slot games RTP, since that’s where this theory applies. Each slot is programmed to pay out a high percentage. Table games are different; they are based on the player’s skill at the game, and the luck they have with the random number generator software that day. The casino has an edge on table games. The lower the edge is, the higher the RTP gets.
Contrary to popular belief, slot machines will not pay out on regular intervals. They are programmed according to the random number generator principle, so they can cash out even when the progressive jackpot is minimal, or they can keep going without cashing out.
Still, the higher RTP estimation gives you better chances to win. This is why most gamblers only play at gambling sites that payout high in winnings.
Fortunately, RTP details are relatively transparent. You can find this information online, so you can choose a reliable casino where you’ll have a great chance to win.
List of the 5 Top Highest Paying Online Casinos in Canada
How about a condensed list of the best payout percentages at Canadian online casinos? It will save you from wandering around websites, trying to figure out where you get the best chance for big wins.
We’ve reviewed dozens of real money casino sites to identify the highest payout online casino in Canada. This is a current top list, but we advise you to come back to this article from time to time, to see the updated versions.
JACKPOT CITY
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- Jackpot City has an impressive payout rate of 97.8%.
- You get a first deposit bonus of $1600.
- One of the fastest paying casinos Canada
- You can play from any device without the need to download software.
- It’s reviewed by eCOGRA, so you can be sure that the payout percentage is real.
- It’s a Microgaming casino, so the games are RNG programmed.
SPIN PALACE
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- With a 97.4% rate from Spin casino, this is another high payout online casino that accepts Canadian players.
- Up to C$1000 in welcome deposit bonuses.
- It’s powered by Microgaming, so you get to enjoy the best slots and table games.
- Spin Palace is licensed by the Malta Gaming Authority and the Kahnawake Gambling Commission.
- The payout percentage is reviewed by eCOGRA.
ROYAL VEGAS
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- 97.82% payout percentage on table games.
- Over 500 games developed and maintained by Microgaming.
- Up to C$1200 as a welcome bonus, and great rewards for VIP gamblers.
- It features some of the best progressive jackpot slots.
- Royal Vegas has been licensed by the Malta Gaming Authority, and eCOGRA guarantees it’s safe and fair.
PLAYAMO CASINO
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- 97.75% – that’s a pretty solid payout rate.
- You can play with real money, but with Bitcoin as well!
- $300 + free spins as a welcome package, plus free spins and real money as loyalty rewards.
- It features games by NetEnt, Betsoft, Evolution Gaming, Microgaming, Play’n’Go, and other software providers. All of them are tested and reliable!
- The licensed by Curacao.
GAMING CLUB
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- 98.43% is the current average payout rate. The casino is transparent about the payout rate, so you get information through its website.
- Gaming Club licensed in the EU, by the Malta Gaming Authority.
- It features games by NetEnt, Play’n’Go, Yggdrasil, Evolution Gaming, and other reliable providers.
- The payout rate is audited and guaranteed by eCOGRA.
How We Test the Best Online Casinos that Payout Real Money
There’s only one way to find the highest payout online casino Canada without much effort: read a review like this one. But where does this review come from? We tested dozens of Canadian gambling websites to identify the legit that pay out the highest percentage of winnings. These are the factors we take into consideration when reviewing sites:
Welcome and no-deposit bonuses
The top casino bonuses usually lead to higher payout rates. You’re playing with the casino’s money, so you have better chances to return the investment you made through a deposit.
But each bonus program comes with a wagering requirement. Some casinos require you to play through the bonus winnings for 50x, 100x, or more times before you can withdraw the money. We include this info in our no deposit bonus casino reviews.
Jackpots
A gambler’s jackpot win chances determine the choice of a casino. We give you info on the amount of money you can win through progressive jackpot slots.
Loyalty program
Does the casino motivate you to play more with loyalty bonuses and free spins? They sure give you a chance to land a high personal return rate.
Software
The payout percentage depends on the program, especially in slots. That’s why it’s important for you to play at casinos that feature games by tested and proven developers. These are some of the best ones: Microgaming, NetEnt, Play’n’Go, Yggdrasil, Evolution Gaming, and Betsoft.
License
When you see a reliable authority providing the license, it’s a guarantee that the casino pledged to fair play and high return rates.
Casino games
When you have a great selection of games, you can choose the ones that give you the best chances to win.
Best Payout Online Gambling Games
- Slots
The house has the biggest edge on slots when compared to other casino games for real money. Still, it’s pretty high when you choose good real money slots from reliable providers.
At GamingClub.com, for example, slots currently have an average payout rate of 95.68%
- Table games
These games give the highest payout rate online casino opportunities. At CasinoClub.com, the average return rate on table games is 97.54%. Blackjack, as the most popular card game in online gambling sites, has the highest payout ratio on average.
- Progressive slots
There’s a high house edge on progressive slots. But if you win, you win BIG!
- Poker
Real money poker games have a varying house edge. In this game, it’s your skill that counts. Usually, the house edge is high, but so are the potential winnings.
- Live casino games
Real dealer roulette has the same house edge as the automated table game. It’s based on luck, and the return rate is high.
Live baccarat, poker, and live blackjack are based on your skill. In baccarat, the house edge is around 1%, so the return is very high.
Payment Methods: Fastest and Best Casino Payouts
When you’re ready to start gambling online, you’re after the online casinos with instant withdrawals. If you want to get your winnings on your bank account, you should be able to do that as quickly as possible.
The speed of withdrawals depends on the banking method.
The best instant withdrawal casino sites accept the following payment methods:
- Neteller
- eCheck
- Instadebit
- PaySafeCard
- Skrill
- Ukash, and other e-wallets.
If you prefer using PayPal for online casino payments, you’ll be disappointed that it’s not accepted at most Canadian casinos. That’s because the country has restrictive policies towards online gambling, and PayPal follows the regulations of the user’s country.
Online gambling sites also accept debit/credit cards, such as Eco Card, Visa, Mastercard, and Maestro. A Direct Bank Transfer another safe deposit and withdrawal option you can use, but you should be aware that it takes more time when compared to e-wallets.
High Payout Casino Sign-Up and Welcome Bonuses
The payout percentage takes all bets into consideration, including the ones placed with deposit and no deposit bonuses. When you use the bonus amount to wager, the top online casinos immediate payouts give you even better chance to win. That’s because you’re playing with their money.
Almost all real money online casino sites offer sign-up and loyalty bonuses. But what are the best ones? Jackpot City, Spin Palace, and Royal Vegas lead the industry in that matter.
Who Can Review a Payout Percentage in Casino?
When looking for the best paying online casino, you should make sure it’s being audited by an authority in the gambling industry.
These are the organizations that review quick pay casinos:
- eCOGRA
This is an independent agency that ensures e-commerce sites are legit, safe, and reliable. It’s based in the UK. It has received several industry awards since it was established in 2003. It’s the most prestigious seal of approval you’ll see at online casino sites.
- GLI
This is the abbreviation for Gaming Laboratories International. It’s an independent agency that specifically targets gaming services.
- iTech Labs
This is another gamble testing organization that ensures high-quality and safe play. You’ll usually find its seal on online casinos from Asia, Europe, and Australia.
Advantages & Disadvantages
The benefits of playing at online gambling sites with high payout rates are obvious: you get better chances to win. Whether you play via real money apps or you choose a desktop version, the chances should be above 90%.
These sites also offer quick payout times, so you’ll have your money on your account in less than two days or same day payout casino.
The only disadvantage is that there are many myths around payout rates. If a progressive jackpot slot reaches millions, it doesn’t mean it has to pay out today because you’re looking at the rate. It only means that it’s going to pay more money when it does pay.
Even the highest payout rates don’t mean secure winnings.
Overview: Real Money Gambling Sites with Top Payout Rate
It’s important to understand what the RTP rates mean when looking to play casino online for real money. When you see a high percentage at a casino and all parameters indicate that it’s safe, it’s the best choice for you.
FAQ
What casino game has the highest payout?
According to our estimations and comparisons, it’s JackpotCity Casino.
Which online slots payout the most?
Ugga Bugga Slot by Playtech has a return rate of 99.07%. Mega Joker by NetEnt has almost the same rate: 99%. Microgaming’s Retro Reels Extreme Heat slot has an RTP of 97.50%.